🇨🇳Chinese Source WordCode: ZH

阴影经济

Pronunciation / Transliteration: Yīnyǐng jīngjì

🇬🇧 Direct English Meaning:
Shadow Economy/ˈʃæd.oʊ ˌiː.kəˈnɑː.mi/
nounCEFR C1 (Advanced)Top #15000 frequency
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🇨🇳 Example Sentence in Chinese:

"阴影经济在许多国家都是一个重要问题。"

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    Economic activities that are not monitored or regulated by the government.

    "Many workers in the shadow economy do not pay taxes on their earnings."
  2. 2

    A sector of the economy that operates outside of official channels, often involving illegal or unreported transactions.

    "The shadow economy can include everything from unregistered businesses to illegal trade."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'shadow economy' combines 'shadow', derived from Old English 'sceadu', meaning 'shade' or 'darkness', and 'economy', from the Greek 'oikonomia', meaning 'management of a household'. Historically, it refers to economic activities that are not regulated by the government, evolving in meaning as informal economies have become more recognized in global discussions.

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